Lennar was the high bidder yesterday on a 140-acre parcel of Arizona State Trust Land surrounded on three sides by Sonoran Foothills. The home builder paid $22.6 million for the property. The parcel abuts Dove Valley Road to the north and Paloma Parkway to the east. Sonoran Foothills School sits just south of the parcel.
Lennar has not announced plans for the parcel, and it’s not known yet if any possible development would become part of Sonoran Foothills. Were it to be approved for construction at a residential density typical to the area, it might hold 450 or more homes.
State Trust Land, by law, must be “managed for the sole purpose of generating revenues” for its beneficiaries, primarily state education. This translates to the state being required to sell acreage over time, often for development, and direct the proceeds to schools.
Homes for Sale in 85085, 85086 & 85087
Prickett Realty, serving Anthem & North Phoenix
Here’s a sneak peek at some of the homes we have “coming soon” in this incredibly tight market:
Pool with Swim-up Snack Bar!
Upgraded Majesty model on cul-de-sac with lovely landscaping.
W St. Exupery Court, Anthem Parkside
4 BEDS + CASITA | 3.5 BATHS | 2-CAR GARAGE | 2,915 SQFT | $455,000
Upgraded Patio Home!
Master on 1st floor, premier end-lot overlooking green space! Close to school, park, shopping.
W Murfield Court, Anthem Paseo
4 BEDS | 2.5 BATHS | 2-CAR GARAGE | 1,772 SQFT | $269,000
NEW POOL and Sweeping Views!
End of quiet cul-de-sac, backyard faces east at Anthem’s edge.
N Long Landing Court, Anthem Country Club
4 BEDS + CASITA | 4.5 BATHS | 2-CAR GARAGE | 3,556 SQFT | $590,000
Large View Lot Near 1st Gate!
Bennington with 14-foot ceilings, fireplace, no homes behind!
N Moss Springs Road, Anthem Country Club
3 BEDS | 2.5 BATHS | 3-CAR GARAGE | 2,542 SQFT | $440,000
Stunning Backyard + RV Parking!
Spacious Wonder model on east-facing view lot with 3-car garage and paved RV Parking.
N 50th Drive, Arroyo Grande
4 BEDS + Office + Teen Room + “Attic” | 3.5 BATHS | 3-CAR GARAGE | 4,009 SQFT | $449,000
Call or Text 623-297-2557 to Learn More